November 9, 2001  

Daily Bankruptcy News

Brought to you by BKINFORMATION.COM - The Source for Business Bankruptcy Information on the Internet 

Also available on the Web (with links to the news stories)  at: http://bkinformation.com/News/DailyNews.htm

Prior editions available at http://bkinformation.com/bankruptcy_news.htm

         
Judge shoots down seminal Fir Tree suit against Mpower
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O'Melveny & Myers LLP Names Partner Ben Logan as the New National Leader For Its Business Reorganization and Restructuring Practice
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Bankruptcy Reform:

Forget Bankruptcy Reform, One Analyst Tells Credit Unions
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Insurers Have $57 Billion Asbestos/Environ Shortfall
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Federal-Mogul's DIP hearing reset
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Bradlees tables liquidation plan
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Judge calls off Giant ship auction
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Wheland Automotive hits the skids
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Power Utilities:

PG&E to attack public power in court - Utility prepares all-out offensive if final vote backs S.F. initiative
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Tally shows S.F. poised to operate its own water, power agency
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Riordan says Davis blew it
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Ailing Enron hires J.P. Morgan, Salomon
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Chattanooga, Tenn.-Area Mall Owners Face Looming Foreclosure
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Sun Healthcare:

Sun Healthcare sees light
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Health Care Facility Operator Releases Plan to Emerge from Bankruptcy
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Law Firm Restructuring:

The Flexible Firm: A Win-Win Situation in Uncertain Times
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Loewen's reorganization plan gets support
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Comdisco:

Bankruptcy Court Judge to Issue Comdisco Ruling Friday
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Comdisco: SunGard antitrust trial begins
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Clockwork
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Comdisco sale hearing extended - SunGard says HP violated bid rules
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Investors Buy Two Operations of Stark Brothers Nurseries
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Albany, N.Y., Hotel Property Owes Bank More than $2 Million
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Seattle: Downtown's icon Grill files for bankruptcy
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Steel:

Troubled Bethlehem Steel will stop some property tax payments
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Bethlehem Steel Asks Union to Accept
A 15% Reduction in Firm's Work Force
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Alaska: Borough to foreclose on Gateway Forest Products

  Loewen plan wins preliminary creditor approval
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Bankruptcy lawyer's career ends with sentence
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Airlines:

Canada 3000 opts for bankruptcy
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Canada 3000 files for bankruptcy protection
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Canada 3000: Bankruptcy protection restructures debt, but management has to alter operations
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Canadian airline's destiny unknown
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Rivals Move In on Sabena Turf
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High Price Of Failure For Air Passengers
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Saviors emerge for failing Ansett Airlines
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Sun Country Airlines Is Looking for Buyer or Investors
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Are Your Frequent Flyer Miles In Danger?
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Future dim for small carriers
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Sabena rescue bid runs into trouble
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2 Investors to Buy Ansett
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Iberia's Mullor says company could go bankrupt
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Relief for USG
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Dimac auction nears difficult end
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Junk bond defaults rose to 9.5 pct in October
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Borden Chemical seeking sale of plant
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Restructuring . . .

Net2Phone cuts 43 percent of workforce
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Telecoms:

NextWave announces settlement
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NextWave, U.S. Settle Mobile-Phone License Dispute
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NextWave tells court wireless deal at hand
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Bankrupt Nx Networks Announces New Chief Executive Officer
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PwC fails to find Atlantic buyer
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Bankrupt Lancaster, Pa., Flooring Company Combines Two Units; Executive Exits
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Clarent selling four hospitals
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Payless Cashways to Liquidate Trucks, Trailers, Forklifts
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FDIC's Data Fails to Clarify Credit Availability Debate
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Aladdin Casino: Banks could take stake in London Clubs
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Hawaii: Aquasearch gets date to contest bankruptcy
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Dotcoms:

Former Webvan Workers Sue Under WARN To Recover Wages, Benefits
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U.S. moves to bankrupt terrorists
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New Bankruptcy Opinions
(1 new opinion today)

Bankruptcy Jobs
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Bankruptcy Court Web/Pacer Site Directory

Bankrupt Airport Security Firm Relying on Congress to Solve Financial Woes
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Washington Group:

Raytheon, Washington Group International Agree to End All Pending Litigation
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Washington Group Settles Bankruptcy Claims
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PowerBrief Voluntary Chapter 11 Bankruptcy Petition and 1st Meeting of Creditors
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Ex-health care mogul to sell art, mansion to pay creditors
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US Office Products Gets Disclosure Statement Approval
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The party's definitely over for Silicon Valley - Worst slump in 50 years will be tough to pull out of
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Korea:

Lehman to hold Hanbo Steel auction
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Former Daewoo Owner Hid Assets of W140 Bil
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Daewoo fugitive assets uncovered
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Argentina:

Argentina Governors Strike Blow at Debt Plan
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Switzerland:

Life Isn't Exactly Going Like Clockwork - A 'Rude Awakening' for the Swiss
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Japan:

Bankrupt bosses 'sold' homes to wives
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4 ex-Chogin Tokyo executives arrested
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Canada:

Alberta town rocked by fall of aerospace start-up: Residents lose savings: Outfit lays off staff, plans to file for receivership
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Skeena, B.C. government win three months to close sales deal with Swiss firm
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China:

Chinese Lawyers, Judges Prepare for WTO Fallout
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Hong Kong:

ECIC pays out $57m on defaults - Claims the worst in 35 years
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England:

Crashed bikes firm jobs blow
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Liquidators named for failed pine firm
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Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C.  You can reach us at 281-242-6208 or at admin@bkinformation.com 

Copyright 2001  [BKINFORMATION.COM]. All rights reserved.